Section 510(b) of the Bankruptcy Code provides a mechanism designed to preserve the creditor/shareholder risk allocation paradigm by categorically subordinating claims asserted against a debtor by ...

At the end of a lawsuit, the prevailing party often ends up with a final judgment awarding it some monetary amount from the losing party. This amount can include amounts for damages, attorney fees and ...

Q:My partner and I own a four-unit apartment building as tenants in common. A few years ago, my partner lost a negligence lawsuit, and the court rendered a $200,000 judgment against him. He has a ...

A factor may receive notice from a judgment creditor that the judgment creditor holds a judgment lien on the accounts of the factor’s client, and be tempted to ignore the notice, since the judgment ...

Dad was a debtor and owned 49% LLC (Mom owned 49%, and Son owned the other 2%). Creditor first moved to reverse veil-pierce the LLC, and the Court denied this request. Creditor then obtained a ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Doretha Clemons, Ph.D., MBA, PMP, has been a corporate IT executive and professor for 34 ...

Dear Bankruptcy Adviser, When we went bankrupt, we had a loan to have a new roof put on. The contractor was a crook and scammed many people in our area. We put this loan in our bankruptcy. The ...

Albert Barcroft appeals the trial court’s order of May 4, 2001, denying his “Motion for Judicial Review of a Documentation Purporting to Create a Judgment Lien.” See Tex. Gov’t Code Ann. 51.902 ...

The Texas Legislature enacted Texas Property Code §52.0012 in an attempt to streamline the process for releasing a judgment lien on homestead property through the filing of a homeowner’s affidavit.